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Linda McMahon: “We co-signed on some loans for those [construction accounts]…”

Featuring: Linda McMahon, Republican | Secretary of the U.S. Department of Education | National

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Secretary of Education: Linda McMahon | Sage Steele Show | EP 75

Published | Video Starts at 16:33

Because he had invested in a construction company of all things, which of course we knew absolutely nothing about. But we did put money in some construction accounts. We co-signed on some loans for those [construction accounts] that went belly up, which eventually put us into bankruptcy. And it wasn't the wrestling side of what we were doing in that business, but it was the other side that we had invested in outside of what we were doing with the wrestling entity. (16:33–16:42)

CLAIM

Asserts that co-signing loans for construction accounts led to bankruptcy.

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